Infant Formula Packaging Market Development Status, Future Plans Analysis by 2027

Transparency Market Research delivers key insights for the infant formula packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global infant formula packaging market is projected to register a CAGR of 8% during the forecast period.

Cans to Outpace Other Packaging Formats in Infant Formula Packaging Market

Metal cans are considered as mainstream packaging format in the infant formula packaging market. Cans are expected to create an incremental opportunity of ~US$ 2 Bn by 2027; this can be attributed to the rigidity and anti-extrusion and moisture-free features of the metal cans. Infant formula packaging manufacturers prefer metal cans over other packaging formats, as it offers high durability and better sealing performance than paper and foil films.

This is one of the key factors in the growth of metal cans in the infant formula packaging market over the forecast period. Paper and paperboard cartons in the market represent environment-friendly and cost-effective solutions coupled with better printability options. However, while storing and transportation, they are very prone to crush and might undergo other environmental issues like humidity, which might decline the sales in infant formula packaging market.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=76755

Plastic pouches are also widely used by infant formula manufacturers, as the packaging technology has developed immensely in the past five years. Infant formula packaging manufacturers are trying to incorporate the anti-rubbing feature in the pouches to overcome any pinholes on the surface of the package. Therefore, the pouches segment is anticipated to witness healthy CAGR during the forecast period in the infant formula packaging market.

Powdered Form to Register Double–digit Demand

Infant formula comes in two forms: one is powdered and other is ready-to-feed liquid form. According to TMR, powdered form is anticipated to account for major share in the infant formula packaging as most parents or caretakers opt for powdered form to feed their infants, as it is significantly cheaper and can be stored longer. Generally, infant formula packaging manufacturers who opt for powdered form stores their products in metal cans and plastic tubs, as they offer improved salability and better durability.

Convenient Packaging and One-time Use Packaging Formats to Gain Ground in Infant Formula Packaging Market

Convenient packaging is a key concern of consumers. Additionally, to maintain quality of infant formula products, customer’s preference towards small-sized packaging formats that include sachets, flow wraps, stick packs, etc., are significant. Instead of using large-sized containers and degraded quality of infant formula, and repeated opening and reclosing of containers, consumers are having a great emphasis on one-time-use packaging formats of infant formula. “On-the-go” packaging formats with clean labelling are most preferred formats among consumers in the infant formula packaging market.

Infant formula packaging products are specially designed as per the regulations of the FDA. Various types of packaging formats for infant formula packaging are available, including plastic containers such as tubs, metal cans, folding cartons, and flexible packaging such as pouches. These packaging formats are best suitable packaging solutions for wet and dry infant formula. Low carbon impact packaging material and easy to recyclable material are gaining more traction among end users. Nowadays, the infant formula is available in pouches made up of paper. The demand for product safety, convenience features for “No-Fuss” packaging and re-sealability is increasing among consumers.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=76755

Key Players in Infant Formula Packaging Market

The infant formula packaging market is fragmented with a majority of its players operating regionally. Players such as Amcor Plc., Scholle IPN, Sonoco Europe accounts for significant market share of the global infant formula packaging market. Big players in the infant formula packaging industry such as Sonoco are enhancing their production capacity to cater to the growing demand across the globe. However, small players such as GUALAPACK S.P.A are strengthening their supply chain to sustain in the infant formula packaging market. Some of the key players in the global infant formula packaging market are Silgan Holdings, Perrigo Company, Aptar Group, Tetra Pak, Visy Industries, and CM Packaging.

Read More

Isothermal Bags & Containers Market Growth, Development Status, Future Plans Analysis by 2026

According to Transparency Market Research (TMR), the global isothermal bags & containers market has fragmented landscape as numerous local and global companies are offering services in the country. Some of the key players operating in the isothermal bags & containers market are Cryopak Europe, Sonoco Products Company, Sofrigam SA Ltd., Pelican Biothermal LLC, va-Q-tec AG, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA’tech Medical Systems, Tempack Packaging Solutions, S.L., Advanced Products Portugal, Cold Chain Technologies, Envirotainer Ltd., American Aerogel Corporation, Snyder Industries, Inc., Inno Cool India Private Limited, Insulated Products Corporation, Exeltainer SL and TKT GmbH among others.

According to a report by Transparency Market Research (TMR), the isothermal bags & containers market is US$ 657.6 Mn in 2017 and is projected to increase at a CAGR of 6.0% during forecast period 2018-2026. The global isothermal bags & containers market has witnessed solid growth during the past few years, owing to growing pharmaceutical and food industries across the globe. The increasing trade for perishable products has given a boost to the isothermal bags & containers market.

The global isothermal bags & containers market has witnessed impressive growth in the past few years, due to growing trade across the globe. Growing exports and imports between the countries and safe transportation of products has paved the way for isothermal bags & containers market. A number of other factors are expected to drive the isothermal bags & containers market, such as capability of keeping product fresh and maintain cold chain during transit.

Despite the positive outlook, there are a number of factors that always leave a space for product damage during the transit, ultimately hampering the growth of the isothermal bags and containers market. Nevertheless, increasing R&D in the field of biotechnology has boosted the demand for appropriate cold chain solutions to transport biological samples such as blood plasma, and serum, among others. Therefore, with advancement in the pharmaceutical sector, as well as the food & beverages industry, the global isothermal bags market is anticipated to face lucrative opportunities for growth, during the forecast period.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=44246

Among the end use segment, the pharmaceutical segment is anticipated to dominate the market, during the forecast period. The global market has been segmented into five regions, i.e. North America, Europe, Asia Pacific region (APAC), Latin America and Middle East & Africa (MEA). The MEA region is projected to register the highest CAGR of 8.1%, during the forecast period.

Key Market Players & Insights on their Developmental Strategies

A few of the key players in the global isothermal bags & containers market include Cryopak Europe, Sonoco Products Company, Sofrigam SA Ltd., Pelican Biothermal LLC, va-Q-tec AG, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA’tech Medical Systems, Tempack Packaging Solutions, S.L., Advanced Products Portugal, Cold Chain Technologies, Envirotainer Ltd., American Aerogel Corporation, Snyder Industries, Inc., Inno Cool India Private Limited, Insulated Products Corporation, Exeltainer SL and TKT GmbH among others.

A majority of isothermal bags & containers market manufacturers are mainly emphasizing on expanding footprint through mergers and acquisitions, thereby enhancing their product portfolio and quality. Brand owners’ preferences regarding isothermal bags & containers are also expected to be driven by the type and size of bags and containers used.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=44246

Global Isothermal Bags and Containers Market to Grow with Advancements in Materials Engineering

The research excellence of the medical and healthcare industries has given an impetus to the growth of the global isothermal bags containers market. The use of these bags for the purpose of testing and experimentation in laboratories and other entities has generated a host of opportunities for growth and advancement within the market. In addition to this, the properties of isothermal bags and containers have helped them in assuring the medical industry of several important considerations in recent times. The medical industry has attracted the attention of leading entities operating in the global isothermal bags and containers market. These entities are capitalising on the need for isothermal bags and containers across this industry.

Read More

Ampoule Filled Pharmaceutical Products Market: Global Demand, Growth Analysis and Opportunity Outlook 2026

Transparency Market Research delivers key insights for the ampoule filled pharmaceutical products market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020–2030. In terms of revenue, the global ampoule filled pharmaceutical products market is projected to grow at a CAGR of 6.9% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the ampoule filled pharmaceutical products market report.

Pharmaceutical products such as injectable liquid form drugs are frequently packed, sealed, and stored in ampoules, as they provide and fulfill the precise packaging requirement. Rising preferences for sterile injectable drugs across continents with unit dose ampoules packaging structure is driving the market significantly. The TMR team segmented the analysis of ampoule filled pharmaceutical products market based on therapeutic area and drug class. Based on drug class, branded drugs in the global ampoule filled pharmaceutical products market is expected to account for a lion’s market share and lead the overall ampoule filled pharmaceutical products market during the forecast period.

Enhancement and consistent development associated with parental drugs across continents are driving the global ampoule filled pharmaceutical products market. As prominent pharmaceutical companies operating across the globe are updating their research and development pipelines, especially to launch preventive vaccines, the global ampoule filled pharmaceutical products market is all set to witness lucrative market growth. Moreover, the spread of the novel COVID-19 across the globe has created a massive demand for vaccines, which are majorly packed in glass ampoules. Rising production of such parental drugs, including vaccines across continents is anticipated to maximize the sales of ampoule filled pharmaceutical products in the foreseeable future.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80762

The global pharmaceutical drug production has witnessed significant surge in the past recent years and expected to increase in the upcoming years. Leading as well as prominent pharmaceutical companies are opting for outsourcing of manufacturing of drugs due to massive demand in the market. The current trend of contract manufacturing enables pharmaceutical companies to manufacture pharmaceuticals drugs on a large scale.

Furthermore, these contract manufacturing companies not only manufacture pharmaceuticals drugs but also provide precise packaging to the drugs as per requirement. Since few years, pharmaceutical outsourcing has been established as a feasible alternative for in-house development and manufacturing units of pharmaceuticals companies. Increasing outsourcing in pharmaceutical industry also raises the production of drugs, including ampoule filled pharmaceutical drugs. All these factors are projected to drive the ampoule filled pharmaceutical products market during the forecast period.

The Asia Pacific region is anticipated to provide abundant opportunities to the players involved in the current ampoule filled pharmaceutical products market landscape, owing to increasing focus on improving healthcare infrastructure and ecosystem by governments. The significant rise in private sector investments across the pharmaceutical sector in the Asia Pacific region is projected to play an imperative role in the development of the global ampoule filled pharmaceutical products market during the assessment period.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=80762

The outbreak of the COVID-19 pandemic is set to have a strong impact on the growth of the global ampoule filled pharmaceutical products market, particularly in the first half of 2020. Researchers and scientists around the world are increasingly focusing on the development of new drugs, while simultaneously repurposing existing drugs to prevent the spread of the novel coronavirus. A number of international organizations, including the World Health Organization, in co-ordination with the European Medicines Agency (MEA), U.S. Food and Drug Administration (FDA), and other regulatory bodies is consistently assisting industry and academic researchers to accelerate the development of anti-viral drugs, vaccines, and post-infection therapies– a factor that is expected to fuel the growth of the ampoule filled pharmaceutical products market during the forecast period.

Read More

Port and Material Handling Equipment Vehicle Market Regional Demand, COVID-19 Impacts and 2030 Forecast

According to the report, the global port and material handling equipment vehicle market is projected to reach US$ 9.7 Bn by 2030, expanding at a CAGR of ~5% during the forecast period. Growing number of seaports and size of ships is affecting the port industry, in particular the container port segment. The participation of the private sector in container port operations in particular through public–private partnerships are fueling high competition among the port operators and rising performance levels. This is driving the need for new port handling infrastructure.

Expansion of Port and Material Handling Equipment Vehicle Market

Trade across the globe has grown significantly over the last two decades thereby transforming the global economy. Today, about one-fourth of total global goods produced are exported. eCommerce is a major reason for growing cross-border trade and therefore, contributes to the expansion of the international trade.

The value of eCommerce and contactless payments has been accentuated by the current COVID-19 crisis, provoking necessary favourable actions by governments. Furthermore, much of this digital innovation is taking place in developing economies of Asia and Africa. Therefore, these factors are fuelling trade and subsequently, the demand for required material handling or container handling equipment at sea ports.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81178

In terms of equipment type, the upgrade of ports in Asia Pacific and installation of new cranes are estimated to fuel the demand for cranes, electrified rubber-tired gantry cranes, and automated stacking cranes. Based on application, container handling was the dominant segment of the global port and material equipment market. Consistent rise in global trade volumes in 2019 increased the total container throughput of the 50 major cargo ports in the world by 3.5% year-over-year to more than half a billion twenty-foot equivalent units. The container handling segment is estimated to expand at a CAGR of 5.84% during the forecast period.

The growing competition in the port industry is boosting the need for greater performance levels that extend beyond criteria such as the optimization of operations, cost reduction, time efficiency, and trade promotion. Hence, manufacturers of port handling equipment are using enhanced technologies to produce efficient equipment to stay ahead of the competitors.

Regional Analysis of Port and Material Handling Equipment Vehicle Market

In terms of region, the global port and material handling equipment vehicle market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia is by far the largest seaborne trading region. In 2019, seaports across Asia handled 4.5 billion tons of goods loaded, and 6.9 billion tons of goods unloaded. The other continents recorded much smaller volumes. In India, for all the 12 major ports, master plans have been finalized.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=81178

From the port master plans, 92 port capacity expansion projects have been identified for implementation over next 20 years and are expected to add 712 MTPA to the capacities at major ports. Two new major ports are planned to fill the demand gap, which would significantly expand capacity. Furthermore, other countries such as China and those in Southeast Asia are developing plans of expanding current facilities and building new facilities.

Port and Material Handling Equipment Vehicle Market Players

Key players operating in the global port and material handling equipment vehicle market include Konecranes, Liebherr, Shanghai Zhenhua Heavy Industries (ZPMC), Kalmar, and Hyster.

Read More

Cargo Bike Market Business Opportunities, Current Trends and Scope 2021 to 2030

According to the report, the global cargo bike market is projected to surpass US$ 6.3 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. The increase in penetration of Internet connectivity and smartphones has boosted the online retail and eCommerce sector. In April 2020, the United Nations Conference on Trade and Development stated that global eCommerce sector expanded by 8% in 2018, with total sales of US$ 28 Trn.

The increasing inclination toward online shopping is boosting the number of last mile deliveries. A recent report published by the World Economic Forum in January 2020 stated that urban delivery services is expected to expand by 78%, leading to a 36% increase in delivery vehicles by 2030.

Expansion of Cargo Bike Market

Cargo bike manufacturers are developing connected self-driving bikes that are expected to conduct deliveries without human intervention. In 2019, IAV introduced autonomous cargo bike for convenient deliveries in urban settlements. The surge in trade volume, owing to rising bilateral trade among countries, is projected to boost the cargo bike market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80620

Based on number of wheels, the global cargo bike market has been segmented into two wheeled, three wheeled, and four wheeled. Three wheeled is likely to be a highly lucrative segment during the forecast period. Three wheeled cargo bikes have large weight carrying capacity during transportation. Major parcel and delivery service providers use three wheeled cargo bikes, as they can carry large amount of products.

Based on application, the courier & parcel service segment accounted for a significant share of the global cargo bike market. The growing consumer trend toward online shopping is likely to boost the cargo bike market across the globe. The rapid expansion of eCommerce companies across the globe is estimated to further drive the cargo bike market across the globe.

Regional Analysis of Cargo Bike Market

In terms of region, the global cargo bike market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe dominated the global cargo bike market in 2019. It is anticipated to hold a leading market share during the forecast period due to rise in transportation of goods and commodities via bikes. Governments across Europe and North America have initiated numerous projects, such as CityChangerCargoBike, Transportrad Initiative of Sustainable Municipalities (TINK), Commercial Cargo Bike Program, to encourage adoption of cargo bikes. Financial assistance in the form of subsidies and grants, dedicated infrastructure, and well-established regulatory framework are major drivers of the cargo bike market in these regions.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=80620

Cargo Bike Market Players

Prominent players operating in the global cargo bike market include BMW Group, Butchers & Bicycles, Cezeta, Douze Factory SAS, Energica Motor Company, Govecs Group, Harley Davidson, Hero Electric, Johammer E-Mobility GmbH, KTM AG, Mahindra & Mahindra Ltd., NIU International, Rad Power Bikes LLC, Riese & Müller GmbH, Vmoto Limited, Yadea Group Holding Ltd., and Yuba Electric Cargo Bikes.

Read More

Ship Repair and Maintenance Services Market Scenario and Future Opportunity Assessment 2021-2031

According to the report, the global ship repair and maintenance services market is projected to surpass US$ 14.1 Bn by 2031, expanding at a CAGR of ~2% during the forecast period. The market for ship repair and maintenance services is expanding due to rise in the fleet of shipping vessels globally. The global marine fleet size reached 2.06 million units in 2020, from 1.27 million units in 2010. Therefore, year-on-year rise in the number of vessels is expanding the ship repair and maintenance services market.

Expansion of Ship Repair and Maintenance Services Market

The global ship repair and maintenance services market is expanding due to increased use of ships for various purposes. Moreover, government bodies of numerous countries are taking initiatives to support the shipping industry. For instance, shipyards are provided with various tax benefits for regular ship repair and maintenance services activities.

This is one of the key factors driving the global ship repair and maintenance services market. The increase in average vessel age is also expected to propel the global ship repair and maintenance services market. For instance, in 2019, 41.91% of the global vessel fleet was permitted to use beyond 20 years, and the average age of the fleet was 20.98 as compared to 20.48 in 2018. Therefore, an increase in the average age of vessels is offering significant opportunity for the global ship repair and maintenance market.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77971

Regional Analysis of Ship Repair and Maintenance Services Market

In terms of region, the global ship repair and maintenance services market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is projected to be highly lucrative region for global ship repair and maintenance services market during the forecast period. This is primarily due to the fact that half of the world fleet is owned by Asia-based companies, and among which 93% of shipbuilding occurred in China, Republic of Korea, and Japan in 2019. Mostly, the repair activities was carried out by shipbuilding companies. Therefore, rise in shipbuilding is estimated to boost the ship repair and maintenance services market in the region.

The global ship repair and maintenance services market is slated to register a sluggish CAGR of ~2% during the assessment period. This is evident since regions such as Andaman Nicobar are facing inadequacy of dry docking facilities. In order to augment ship repair facilities, stakeholders in the Andaman and Nicobar Islands are planning a floating dry-dock at Port Blair on a Public Private Partnership (PPP) basis.

Even the Tema Drydock and Shipbuilding Yard in Ghana is facing challenges in deploying ship maintenance and repair services. Sustainable management and maintenance strategies for improved repair services of the yard has been recognized by service providers in the Ghana ship repair and maintenance services market.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=77971

The ship repair and maintenance services market is estimated to cross the value mark of US$ 14.1 Bn by 2030. COMPA Repairs – a provider of innovative repair technology is being highly publicized for successful applications in repair of ballast piping & tanks, sewage, and HFO tanks. There is a growing demand for cost-efficient repair solutions in order to prevent fuel leakage between water ballast and heavy fuel tank components. Companies in the ship repair and maintenance services market are collaborating with engineers and composite specialists to investigate damage parameters and then come up with repair plans using software technology.

Companies in the ship repair and maintenance services market are innovating in IoT platforms to derive fuel savings, reduce service costs, and lower lubes consumption. It is anticipated that in future, an entire network of sensors will help to measure all aspects of ship operations.

Read More

Sewing Machine Market Business Opportunities, Forecast To 2030

Transparency Market Research delivers key insights on the global sewing machine market. In terms of revenue, the global sewing machine market is estimated to expand at a CAGR of 4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global sewing machine market.

The global sewing machine market is broadly affected by several factors, including rising demand for technical textiles for professional applications. Thus, expanding usage of sewing machines in different textile segments is propelling the global sewing machine market.

Sewing Machine Market: Dynamics

The integration of various technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and 3D printing have significantly transformed the nature of the sewing machine value chain. The growing need for real-time data and analysis from IoT devices and sensors for the purpose of remote monitoring is projected to gain preference among manufacturers of sewing machines.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=66611

Furthermore, advancements in technology has allowed the setting of the modern sewing machines to be quick and easy to adjust and remain stable at all times. For instance, in October 2020, Singer sewing brand announced the expansion of its line of mechanical heavy-duty machines with a brand new computerized range. This heavy-duty computerized collection has the ability to tackle thicker fabrics such as leather and denim.

Future advancements in the sewing machine market is likely to cater to a wide array of apparel manufacturing & designing needs, thus driving the market during the forecast period.

Sewing Machine Market: Prominent Regions

The growing textiles and apparel industry across the globe, owing to rising disposable income of consumes in developing nations is boosting the demand for sewing machines. The market in Europe is anticipated to grow at a significant rate due to rising adoption of sewing machines to make apparel. The sewing machine market in Asia Pacific is projected to show highest growth rate. The growing demand for sewing machines from emerging economies such as China and India is driving the regional market growth.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=66611

Sewing Machine Market: Key Players

Key players operating in the global sewing machine market include Bernina, Brother, JACK Sewing Machine Co. Ltd., Janome Sewing Machine Co., Ltd., JUKI Corporation, MSISM Co. Ltd., PEGASUS Sewing Machine Mfg Co. Ltd., PFAFF  Industriesysteme und Maschinen GmbH, Seiko Sewing Machine Co., Ltd., and Singer Corporation.

Read More